Prior to the RR using discretionary authority, demand that the customer sign a written discretionary trading authorization. You require written consent.
What is authority?
He has the ability to issue warrants, which can be described as having the power or right to issue commands or make decisions. In the social environment, decision-making is increasingly cantered on authority and power. Based on the institution's leading position, power and authority are fascinating concepts to a student. To comprehend how the two notions differ, relate, or overlap in the decision-making process, one must develop a personal knowledge of power and authority. Most people definitely aspire to have authority. The ability to impose rules and maintain order is known as authority. Authority is the rightful control that one person or organization has over another. In a civil state, power is exercised through the judicial system or the executive branch of the government.
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